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- From: judson@watserv.ucr.edu (Michael Judson)
- Newsgroups: misc.consumers
- Subject: Re: Make money off of credit card?
- Message-ID: <23885@galaxy.ucr.edu>
- Date: 13 Nov 92 02:06:30 GMT
- References: <1992Nov8.170815.2912@unixland.natick.ma.us>
- Sender: news@galaxy.ucr.edu
- Lines: 19
- Nntp-Posting-Host: watat17.ucr.edu
-
- In article <1992Nov8.170815.2912@unixland.natick.ma.us>
- bill@unixland.natick.ma.us (Bill Heiser) writes:
- > tzs@carson.u.washington.edu (Tim Smith) writes:
- >
- > >Assuming you want a GM car, what's to stop you from buying a lot of
- > >stuff on the GM card, then returning the stuff for a a refund, and using
- > >the refund to pay off the credit card bill before interest accrues? Repeat
- > >until you've reached the maximum GM rebate.
- >
- > One would assume that when you get a CREDIT, the amount of your
- > potential GM Auto rebate would be reduced.
-
- This is not necessarily so. I have several credit cards and one of them
- gives credits toward "prizes." I purchased an item, saw that my credits
- increased, then I returned the item (it wasn't what I wanted) and the
- credits were still there.
- --
-
- judson@watserv.ucr.edu
-